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For sale

$749,900

Price cut $175,100

Est. monthly cost

$5,645/mo

405 Island Cove Drive, Newnan, GA 30263

Listing by Harry Norman Realtors

Beds
5
Baths
5
Sq ft
4,603
Lot
1.66 acres

About this home

Your Own Private Resort Awaits in Lake Redwine! Nestled on approximately 1.65 acres of beautifully landscaped grounds, this timeless four-sided brick traditional offers exceptional privacy, spacious living, and a spectacular backyard retreat featuring a resort-style pool with grotto, putting green and fire pit. Perfect for everyday living and entertaining, this beautiful residence features five bedrooms, including a main-level guest or in-law suite. The finished terrace level offers an additional full bathroom, versatile bonus room, and private exterior entrance, providing wonderful flexibility for multigenerational living, guests or a home office. Step outside to your own private backyard oasis, an inviting setting for relaxing, entertaining family and friends, and enjoying peaceful outdoor living surrounded by natural beauty. Located within the sought-after Lake Redwine community, residents enjoy an exceptional lifestyle centered around a picturesque 300+ acre lake. Community amenities include a private marina with boat docks, three swimming pools, tennis and pickle ball courts, scenic walking trails, parks, playgrounds, and a vibrant calendar of neighborhood events. Enjoy fishing, kayaking, paddle boarding, and electric-only boating in this tranquil, park-like setting. Conveniently located near charming Serenbe, Chattahoochee Hills and downtown Newnan, shopping, dining, and everyday conveniences, with access to major highways and Hartsfield-Jackson Atlanta International Airport. A rare opportunity to enjoy the perfect combination of privacy, space, and resort-style living in one of Newnan's most desirable lake communities. Home warranty available. Select photographs have been digitally enhanced to illustrate potential cosmetic improvements. Seller is open to negotiating interior painting of designated areas with an acceptable offer.

Type
Single Family Residence
Year built
1997
Price per sq ft
$163
HOA
$948/mo
Garage
—
Property tax (2025)
$7,535/yr
Listed
—
MLS #
10833132

Features

Private poolBasement

Interior

Double Vanity · High Ceilings · Walk-In Closet(s)

Appliances

Dishwasher · Disposal · Microwave · Refrigerator

Exterior

Garden · Water Feature

Heating

Central

Cooling

Central Air

Flooring

Carpet · Hardwood

View

Seasonal View

Lot

Level · Private

Property details

Interior

Bedrooms on main level:
1
Fireplaces:
1
Fireplace features:
Factory Built, Family Room
Basement:
Finished
Laundry:
In Hall
Windows:
Double Pane Windows
Accessibility:
Accessible Hallway(s)
Security:
Smoke Detector(s)
Levels:
Three Or More

Exterior and lot

Lot size:
1.66 acres
Patio and porch:
Deck
Fencing:
Back Yard, Fenced
Other structures:
Garage(s), Outbuilding

Construction

Architectural style:
Brick 4 Side, Traditional
Construction materials:
Brick
Roof:
Composition
Foundation:
Slab
Property condition:
Resale

Utilities

Sewer:
Septic Tank
Water source:
Public
Electric:
220 Volts
Utilities:
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Green energy:
Insulation, Water Heater

Parking

Parking total:
8
Parking features:
Garage, Attached, Basement, Garage Door Opener

Community and HOA

Subdivision:
Lake Redwine
HOA:
Yes
HOA fee:
$948/month
Association fee includes:
Reserve Fund, Swimming, Tennis
Community features:
Clubhouse, Fitness Center, Lake, Marina, Park, Playground, Pool, Tennis Court(s)

Taxes and financial

Annual tax amount:
$7,535 (2025)
Listing terms:
Cash, Conventional, FHA, VA Loan

Monthly cost

Estimated monthly cost

$5,645/mo

Principal & interest
$3,694
Property taxes
$628
Home insurance
$375
HOA dues
$948

$149,980

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Oct 19, 2026Listed for sale$925,000

Schools

  • Brooks

    Elementary

  • Madras

    Middle

  • Newnan

    High

School assignments can change — verify with the district before you buy.

Location

More homes in Lake Redwine

Listing information

Listing office:
Harry Norman Realtors
Listing ID:
10833132
Status:
For sale

Source: Georgia MLS · Updated 3m ago · Nov 15, 2026, 1:45 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 15, 2026, 1:45 AM ET

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